Bellway plc (LON:BWY) declared a dividend on Tuesday, October 18th. Stockholders of record on Thursday, December 1st will be given a dividend of GBX 74 ($0.90) per share on Wednesday, January 11th. This represents a dividend yield of 3.1%. The ex-dividend date of this dividend is Thursday, December 1st. This is an increase from Bellway plc’s previous dividend of $34.00. The official announcement can be viewed at this link.
Bellway plc (LON:BWY) traded up 6.04% on Tuesday, hitting GBX 2386.00. The stock had a trading volume of 960,766 shares. The firm’s 50-day moving average price is GBX 2,321.62 and its 200-day moving average price is GBX 2,322.06. The firm’s market cap is GBX 2.92 billion. Bellway plc has a 1-year low of GBX 1,622.00 and a 1-year high of GBX 2,897.51.
Several equities analysts recently commented on BWY shares. Deutsche Bank AG restated a “hold” rating and set a GBX 2,649 ($32.29) target price on shares of Bellway plc in a research report on Friday, September 2nd. Credit Suisse Group AG raised their target price on Bellway plc from GBX 2,176 ($26.52) to GBX 2,976 ($36.27) and gave the stock an “outperform” rating in a research report on Friday, September 23rd. Liberum Capital raised their target price on Bellway plc from GBX 2,259 ($27.53) to GBX 3,125 ($38.09) and gave the stock a “buy” rating in a research report on Friday, September 23rd. Barclays PLC cut their target price on Bellway plc from GBX 3,098.40 ($37.76) to GBX 2,214.60 ($26.99) and set an “overweight” rating for the company in a research report on Thursday, July 7th. Finally, JPMorgan Chase & Co. cut their target price on Bellway plc from GBX 3,500 ($42.66) to GBX 2,680 ($32.66) and set an “overweight” rating for the company in a research report on Monday, August 15th. Three research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Bellway plc has an average rating of “Buy” and a consensus target price of GBX 2,806.74 ($34.21).